CHANDLER (dpa-AFX) - Microchip Technology Inc. (MCHP) reported earnings for
fourth quarter that decreased from the same period last year in line with the
Street estimates.

The company's bottom line totaled $154.7 million, or $0.28 per share. This
compares with $604.0 million, or $1.09 per share, in last year's fourth quarter.

Excluding items, Microchip Technology Inc. reported adjusted earnings of $310.3
million or $0.57 per share for the period.

Analysts on average had expected the company to earn $0.57 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 40.4% to $1.33 billion from $2.23
billion last year.

Microchip Technology Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $154.7 Mln. vs. $604.0 Mln. last year.
-EPS (Q4): $0.28 vs. $1.09 last year.
-Revenue (Q4): $1.33 Bln vs. $2.23 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.48 to $0.56
Next quarter revenue guidance: $1.22 to $1.26 Bln


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